Japanese Yen Today: Looking for Opportunities in EM
แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)
Seeing $Y trading within the 847.62–847.9 range all day, I can't help but think of Emerging Markets. US bond yields certainly have a direct impact, but what's interesting is if capital continues to flow out of some emerging market bonds into safer assets, where will it stop?
Personally, I'm keeping an eye on Indonesia and Vietnam. Valuations look attractive right now, but we need to be cautious about volatile fund flows. We'll have to wait for next month's CPI figures to get a clearer picture.
3 comments · 15 points